The Kensington Review

24 January 2005

Latest Commentary:

Michael Powell Ends Run at FCC -- Michael Powell got the job as FCC chairman four years ago because he was Colin Powell's son. That is not to say that he was unqualified, but rather his appointment emphasized the Bush administration's fixation on loyalty. Merging the fast pace of technological innovation with the need to regulate the airwaves was never going to be easy, and Mr. Powell did all right in that regard. His successor is going to have a harder time of things.

Italian Government Loses Reform Votes -- The government of Silvio Berlusconi took a double blow to the chin last week as the opposition defeated it in two parliamentary votes on the future regulation of Italian financial entities. The government claims the opposition is preventing needed reformed from being passed after the meltdown at Parmalat. Mr. Berlusconi never has had a happy relationship with law enforcement, and this may explain why is government is on the wrong end of both votes.

Andrew Lloyd-Webber May Sell His Company -- Officially, he is Lord Lloyd-Webber of Sydmonton and has held that noble title since 1997. More often, he is just Andrew Lloyd-Webber, the man who writes all those musicals. Rarely is he called a businessman. Yet his Really Useful Group is worth close to US$1 billion, and he wants to sell. Despite his wealth, the fact is he's a crummy businessman, and selling it off is the best thing he could do for everyone concerned.

Johnny Carson 1925-2005 -- He hadn't done his TV show for 12 years. In show business, that is a life-time. Indeed, today's college freshmen probably don't remember Johnny Carson. But all the stand-up comedians they watch, and all the talk shows they view owe a huge debt to him and his 30 years' hosting “The Tonight Show.”

© Copyright 2005 by The Kensington Review , J. Myhre, Editor. No part of this publication may be reproduced without written consent.

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